Glencore plc (LON:GLEN)
London flag London · Delayed Price · Currency is GBP · Price in GBX
557.00
-9.00 (-1.59%)
Jun 19, 2026, 5:00 PM GMT

Glencore Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 619p. The average 1-year stock price forecast is 11.05% higher than the current stock price, while the lowest is 460p (-17.41%) and the highest is 772p (+38.52%).

Price Target: 619p (+11.05%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price460p619p622p772p
Change-17.41%+11.05%+11.69%+38.52%

Analyst Ratings

The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy899101010
Buy444444
Hold466555
Sell000000
Strong Sell000000
Total161919191919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
650p720p
BuyMaintains650p720p+29.26%Jun 8, 2026
Goldman Sachs
Goldman Sachs
Hold
Reiterates
600p660p
HoldReiterates600p660p+18.49%Jun 5, 2026
Citi
Citi
Buy
Maintains
670p770p
BuyMaintains670p770p+38.24%Jun 4, 2026
RBC Capital
RBC Capital
Buy
Maintains
630p610p
BuyMaintains630p610p+9.52%Jun 4, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
500p560p
HoldReiterates500p560p+0.54%May 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
289.53B
from 247.54B
Increased by 16.97%
Revenue Next Year
275.39B
from 289.53B
Decreased by -4.88%
EPS This Year
0.60
from 0.20
Increased by 202.01%
EPS Next Year
0.59
from 0.60
Decreased by -1.91%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
203.75B255.98B217.83B230.94B247.54B289.53B
Revenue Growth
43.15%25.64%-14.91%6.02%7.18%16.97%
Gross Profit
12.45B27.52B10.78B6.28B6.12B19.28B
Gross Margin
6.11%10.75%4.95%2.72%2.47%6.66%
Operating Income
9.80B24.83B7.39B3.33B3.35B13.36B
Net Income
4.97B17.32B4.28B-1.63B363.00M6.80B
EPS
----0.200.60
EPS Growth
-----33.33%202.01%
Forward PE
7.815.7011.8111.3017.9012.17
Dividend / Share
0.260.440.130.100.170.21
Dividend Growth
-69.23%-70.45%-23.08%70.00%22.88%
Free Cash Flow
6.35B7.40B6.33B5.66B5.96B6.13B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High363.6B
Avg289.5B
Low238.8B

Revenue Growth

Revenue Growth202620272028
High
46.9%
Avg
17.0%
Low
-3.5%

EPS Forecast

EPS202620272028
High0.81
Avg0.60
Low0.46

EPS Growth

EPS Growth202620272028
High
306.7%
Avg
202.0%
Low
130.0%